To reach climate neutrality, carbon emissions from the production of basic materials need to be significantly reduced. For governments’ support measures to be consistent with their World Trade Organization obligations, they need to be compatible with the WTO’s Agreement on Subsidies and...

An important element of the comprehensive suite of climate and environmental policies advanced under the “European Green Deal” (EGD) is the “Carbon Border Adjustment Mechanism” (CBAM). CBAM is a policy safeguard against emissions leakage, that is, the relocation of emitting activities...

The Paris Agreement on climate change constitutes an important milestone in international climate negotiations. Its key objective is the strengthening of the global response to climate change by transitioning the world to an increasingly green economy. In this book, environmental tax and climate...

The Paris Agreement has achieved one of two key necessary conditions for ultimate success - a broad base of participation among the countries of the world. But another key necessary condition has yet to be achieved - adequate collective ambition of the individual nationally determined...